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15 June 2024 | 1 reply
My question is with Delawares 4% real estate transfer tax, paid 2% by buyer and 2% by seller.
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17 June 2024 | 8 replies
"Blocking the market" only occurs in the commerical insurance world - not personal lines.2.
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14 June 2024 | 10 replies
Whatever your lease & the law says, you should begin the eviction process as soon as they have not paid by the due date.
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17 June 2024 | 17 replies
This may not be a free option, since they will likely want to be paid for their time.But back to Jonathan and Gino's advice, typically, the more units you can pile in there, the better.
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17 June 2024 | 11 replies
If you find one who has rental properties and has first hand experience that can be VERY helpful.The conflict of interest is a common question, but really a non-issue if you consider the size of the market and how many properties an agent can buy.My team and I work with a lot of investors and yes I personally buy a handful of properties every year, but there are about 30,000 transactions every year in Milwaukee.
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16 June 2024 | 1 reply
I have personally not worked on any of these but it does not seem to be anything too crazy.It's an FHA Loan that can be combined with other FHA products like a 203k.I am a Loan Officer for "Correspondent Lender" so I can operate under the rules of over 100 lenders...I would be able to place this in a few hours with 1 email...We would just have to make sure all the boxes are checked...Energy Efficient Improvements Must Be Cost-EffectiveThe financed portion of an Energy Package must be cost-effective.
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14 June 2024 | 15 replies
If so, one or more states or the SEC may regulate that investment club.A person who is paid for providing advice regarding the investments of the club or its members may be an investment adviser under the Investment Advisers Act of 1940 (Advisers Act) or state law.
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18 June 2024 | 53 replies
In my personal opinion, MF is so competitive and I have be focusing solely in hotels so I feel it is a strong asset class.
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17 June 2024 | 8 replies
If you can't see the property in person, pay an experienced local investor $100 or so (someone unbiased, not your agent or turnkey company) to walk it and do a detailed video tour.
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16 June 2024 | 4 replies
talk to the dept of health first (records requirements etc), establish what upgrades/maintenance required, line up a reliable repair/handyman/type person, consult lawyer, and then make your offer, see if you can buy the land it's on via lot line adjustment (ideal scenario). a lot to be aware of, such as system upgrades or county code changes bringing in the requirement to add metered connections to an older small system, for just one example.Otherwise- owner doesn't want to manage, I doubt you really do either but could be wrong.